Tether, the issuer of the world's largest stablecoin USDT, has announced a strategic partnership with agribusiness giant Adecoagro to launch an eco-friendly Bitcoin mining project in Brazil. The operation will be powered entirely by renewable energy and marks another step toward Tether’s ambition to become the global leader in Bitcoin mining.
♻️ Connecting Renewable Energy and Digital Assets
Tether and Adecoagro have signed a memorandum of understanding (MoU), confirming their joint intent to combine expertise—Tether will provide its mining experience and proprietary “Tether Mining OS” software, while Adecoagro will contribute access to over 230 megawatts of renewable electricity generated across Brazil, Argentina, and Uruguay.
According to Adecoagro CEO Mariano Bosch, the goal is not only to monetize surplus electricity but also to diversify the company’s balance sheet through investment in digital assets. Bosch noted that mining BTC could help stabilize revenues from excess energy currently sold on the spot market.
💻 Large-Scale Mining in the Works
With a projected capacity of 230 MW, the mining farm could deploy thousands of advanced ASIC machines like the Antminer S19 XP, achieving a total hashrate of approximately 6.9 EH/s—around 1.6% of the entire Bitcoin network’s computing power.
This setup could allow the operation to mine a full Bitcoin block roughly every 2–3 days. If efficiently managed and powered by low-cost green energy, it would rank among the world’s largest industrial-scale mining facilities.
🌍 Tether Expands into Africa – Education and Payments in Zanzibar
In addition to the Brazilian project, Tether has announced a major expansion into Africa through a government partnership in Zanzibar. The company signed an MoU with the Zanzibar eGovernment Authority to:
🔹 integrate blockchain education into school and university curricula
🔹 increase financial literacy and support the digital economy
🔹 implement USDT and XAUT stablecoins into the government-run ZanMalipo payment system
“This memorandum reflects our commitment to sustainable blockchain innovation and digital financial inclusion in Africa,” said Paolo Ardoino, CEO of Tether.
🏆 Goal: World's Largest Bitcoin Miner
Tether currently holds over 100,000 BTC worth more than $10 billion. The company has publicly stated its goal of becoming the largest Bitcoin miner in the world by the end of 2025. The partnership with Adecoagro and the expansion into Africa are strong steps in that direction.
#Tether , #Bitcoinmining , #CryptoNews , #USDT , #Stablecoins
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